Matt Simmons continues his discussion on how unbelievably difficult it is to do long term planning in the energy industry; yet long term planning is necessary and required.
As usual Matt brings out some very key issues and remains on point. This industry just can't seem to catch a break.
Unfortunately, the economy continues to contract at a record pace.
With energy futures pasted pretty good today, looks like we will get more relief soon with lower prices.
The heat will be off the supply/demand equation for now, we probably won't have to worry about high energy for another couple of years.